Main
Founders
Also known as
BNT
Affiliations
Digital asset type
Decentralized trading protocol, empowering traders, liquidity providers and developers to participate in an open financial marketplace.
Blockchains
Overview
Bancor introduced the first-ever decentralized exchange (DEX) based on automated market makers (AMMs). The protocol offers users safe and simple access to DeFi yields while enabling algorithmic, decentralized trading for integrated tokens. Bancor is the only decentralized trading protocol that allows depositors to earn money with single-token exposure and zero risk of impermanent loss.
Tokenomics
Token allocation
Allocation
Allocation group
Cliff
0.50years
Percent
10.00 %
Comment
Founders, team advisers and early contributors
Vesting
3.00years
Allocation group
Percent
20.00 %
Allocation group
Percent
20.00 %
Funding
Funding rounds
Initial Coin Offering USD 152,300,000
USD 152,300,000 (12 Jun 2017)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
KR1 PLC | Crypto token investment company supporting early stage decentralised and open source blockchain projects. | Isle of Man |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Hyperchain Capital | Digital assets management company focused on Blockchain based projects and decentralized protocols. | Singapore |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Kenetic Capital Ltd | Venture capital fund investing in equity of Series A / B blockchain technology companies. | Hong Kong SAR China | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Quiet Capital Management LLC | United States | Initial investment. Round participant. |